Chief Financial Officer
Company: Coteau Desprairies Hospital
Location: Sioux Falls
Posted on: September 10, 2019
SUMMARY This position develops, implements and directs the
accounting, financial and billing functions of Coteau des Prairies
Health Care System including general ledger, accounts payable,
budgeting and reimbursement, financial analysis, and reporting.
This position is distinguished by its responsibility for managing
the hospital and clinic's accounting functions; monitoring and
measuring actual performance against budgeted, and managing
specialized reimbursement and budget programs. This position is
also responsible for overseeing the Business Office and associated
departments of the organization. The incumbent in this position
reports directly to the CEO. ESSENTIAL DUTIES & RESPONSIBILITIES 1.
Directs accounting practices and prepares and maintains fiscal and
accounting records and reports. 2. Monitors and analyzes budget
performance and accounting techniques to determine actual versus
budget costs. 3. Assists, advises and provides information to
Administration and management staff on financial and budgetary
matters for strategic planning. 4. Directs the development and/or/
new and/or modified accounting systems and procedures. 5. Provides
information and coordinate the preparation of all third party cost
reimbursement reports required by Medicare and Medicaid. 6.
Prepares financial analyses, recommends cost shift or accounting
strategies to maximize reimbursements. 7. Reviews third party
contracts and directs the development of new agreements to maximize
CDP's reimbursement rates. 8. Reviews current regulations regarding
reimbursement for hospital and clinic health care services and
makes recommendations for maximizing participation in available
reimbursement processes. . 9. Oversees departments as assigned. 10.
Oversees IT functions facility-wide including ensuring all hardware
is operational and has sufficient capacity to handle all data
information processing. 11. Acts as liaison between CDP and
Healthland and ensures support resources are available, needed
applications and purchase, installed, and maintained and security
administration for the database system is established and
maintained. 12. Other duties and responsibilities as assigned.
ORGANIZATIONAL RESPONSIBILITIES 1. Fosters a culture of service
excellence which anticipates and responds to the needs of our
customers. 2. Performs job duties and responsibilities in a manner
that reflects the highest ethical and professional 3. Maintains
compliance with mandatory training initiatives, competencies, and
licensure requirements. 4. Complies with all CDP and departmental
programs, policies and procedures (i.e. administrative, HR,
financial, clinical, quality, and safety policies and procedures).
5. Ensures and protects the confidentiality of sensitive
information. 6. Complies with all federal, state, and local
standards and laws regulating the provision of professional
services (licensure and scope of practice). EDUCATION AND
EXPERIENCE Must possess a Bachelor's degree in Accounting or
Finance from an accredited institution. Master's degree is
preferred. Minimum 3-5 years of significant hospital financial
experience. Must be capable of supervising general accounting,
patient financial services, including registration, billing and
collection, HIM, and management info systems consistent with proper
financial internal controls and operations for the corporation.
Strong leadership, communication and strategic skills required.
KNOWLEDGE, SKILLS, & ABILITIES Knowledge of healthcare management
principles, practices and procedures. Ability to interpret
established policies into operating procedures. Ability to
coordinate effectively various functions and activities for maximum
cooperation and efficiency. Ability to direct, instruct and advise
staff. Ability to receive and effectively react to day-to-day
problems presented by staff as well as others. Ability to
effectively use verbal and written communication skills. Knowledge
of hospital and healthcare budgeting and financial management.
Working knowledge of accounting principles and methods. Must have
knowledge of and ensure compliance with all federal, state and
local codes, rules, and regulations, influencing hospital health
care fiscal operations. Must be skilled in mathematical and
statistical concepts and have the ability to utilize computer
applications related to accounting, budgeting and reimbursement
functions. Must have strong organizational skills and capacity to
manage complex tasks. You can apply by clicking the link above.
Category: Finance , Keywords: Chief Financial Officer (CFO)
Keywords: Coteau Desprairies Hospital, Sioux Falls , Chief Financial Officer, Executive , Sioux Falls, South Dakota
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